Results 101 - 125 from 141 for "crisis"
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First Ten Entrepreneurs Of 2012: We Are Not Afraid Of The Crisis
01.13.2012
A real estate agency, a small plant for plastic packaging, a grocery store and a fertilizer distribution business are among the first ten companies started in the first day of this year by Romanian more
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Gasoline Price Up 84% In Three Years Of Crisis
01.09.2012
The end of last week came with another increase in the pump price by 0.8 lei of both gas and diesel operated by Petrom. This is the second hike this year. more
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17 Car Brands Out Of The Crisis
01.09.2012
The number of automotive brands that returned to growth in 2011 almost tripled compared with 2010, so that 17 brands saw higher sales, according to the statistics of the Driving License and Vehicle more
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Exports Rose In 2011 As Well. Will Growth Continue In 2012?
12.31.2011
Romania’s exports continued to increase in 2011, driven by foreign demand, though they slowed down in the second half, given the turmoil caused the sovereign debt crisis in the euro zone countries, more
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Romania’s Public Debt Rises Despite Examples Of Devastating Consequences Thereof
12.30.2011
The sovereign debt crisis that threatens to choke the euro zone and the entire European Union with it, calls for steps throughout the entire Europe to contain it by cutting government spending. In more
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Managers Of Unilever Brands See Crisis As Barometer Of Brand Maturity
12.19.2011
Tudor Ghiurca, Otilia Priceputu and Diana Stan are the Romanians taking care of the brands of Unilever, the second largest local non-food consumer goods producer, whose sales amount to almost EUR200 more
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Romania’s Banks Are Taking The Brunt Of The Crisis
12.17.2011
Bankers are having a tough time digesting the economic crisis, which is now entering its fourth year, and this is clearly shown in the results. After record profits in 2008, the peak year, of more more
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Erste CEO: Romania's "Brutal" Austerity Measures Show Good Coping Mechanisms
12.12.2011
The austerity measures taken in Romania were "brutal", unthinkable in a Western country such as Germany or France, but people in the East "have learned to live with brutality", according to Andreas more
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Romanian Industrialist Says Crisis Halved Sales, Profits Went Down 10-Fold, Employee Numbers Down From 7,000 To 2,000
11.28.2011
Stefan Vuza, one of the biggest Romanian industrialists, who holds industrial group Serviciile Comerciale Romane (SCR), with activities in the chemical, textile, and car manufacturing sectors, reviews more
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Mark Mobius: Printing Money Only Puts Off Worldwide Crash, Doesn’t Prevent It
11.25.2011
Capitalism isn’t working because governments are saving greedy banks at the expense of taxpayers, says Mark Mobius, executive chairman of Templeton Asset Management. more
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Marian Pirvu, Ruukki: Those Who Say A Second Crisis Is Coming Have Not Learned Anything From The First One
11.23.2011
The local subsidiary of Finnish giant Rautaruukki, one of the largest manufacturers of metal components in Europe, run in Bucharest by Marian Pirvu, announces a 70% turnover increase for this year on more
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EBRD: One Third Of Romanians Blame The West For Economic Crisis
11.15.2011
Over one third of Romanians blame the West for the economic crisis and the population’s support for democracy and free markets decreased over the past five years, according to a report published more
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Head Of Pepsico Romania: The Worst Of The Crisis Is Over
11.08.2011
Levent Yuksel, the 46 year-old manager who has been running the PepsiCo business (beverages and chips) since spring, says from his point of view the worst of the Romanian crisis is over and that the more
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Romania Unable To Use IMF Money To Fix Decline In Number Of Jobs
11.07.2011
Romania has been unable to “fix” the effects of the crisis with the International Monetary Fund money in four years as its economy lost 630,000 jobs. more
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Tough Month For Government: How Will Romania Escape The Approaching Storm?
10.26.2011
Romania has entered a really tough month. The government in Bucharest is faced with five major challenges amid the international turmoil. With a mission of the International Monetary Fund on site, a more
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Brussels Postpones Decisions, Tension Mounts, Romania Looks For Shield
10.24.2011
European leaders failed to find a solution on Sunday and postponed all decisions for Wednesday. President Basescu’s statements upon his departure for Brussels create fears: the cost of Romania’s more
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Erste: Romania Is More Resilient To Crisis Shockwave Than In 2008
10.18.2011
Romania has become more resilient to a shock coming from the euro zone than in 2008, when the collapse of Lehman Brothers and the onset of the crisis threw the local economy into recession. more
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Foreign-Held Banks Added EUR1B Fresh Capital Since Crisis Debut
10.17.2011
Foreign banks contributed 850 million lei (EUR200 million) to the local subsidiaries’ capital and announced up to EUR360 million capital injections, to be done in part by the end of 2011. This is to more
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Pascariu: The Crisis Endgame Will Be Scary, But Not Fatal
10.15.2011
The uncontrollable dynamics of the current economic crisis naturally causes fear, but the Western Europe will ultimately find solutions and avoid a catastrophe, even though costs may be high, says Dan more
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Accountant: Crisis Will Peak In Romania In 2012
10.13.2011
The peak of the financial and economic crisis will reach Romania in 2012. However, it is best to be aware of it beforehand and companies can shift focus and rethink their business, says Andreia more
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Romania Opens Consular Crisis Center To Assist Citizens In Danger While Abroad
09.26.2011
Romania's Foreign Ministry as of Monday has a Consular Crisis Center, a structure designed to help Romanians in danger while abroad through a Rapid Reaction Unit, that will provide temporary more
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Crisis On Foreign Markets Leaves Its Mark On Romania
09.26.2011
The cost of insuring Romania against default risk, reflected in CDS rates, reached a high of 478 basis points (4.78 percent), up by around 125 points in just one week, i.e. nearly 200 points higher more
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Aerotravel: Fear Of New Crisis Dented Sales, After 25% Increase In 1H
09.07.2011
Antonio Nitu, general manager of travel agency Aerotravel Lufthansa City, owned by Mihai David, said the company’s sales rose by 25% in the first half, above expectations, but on the rumors related more
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Most Profitable Ten Banks On The Market Post RON380m Income In H1
08.29.2011
The banking system is still suffering after almost three years of crisis and the financial results released in mid this year show that the good times of 2005-2008, when profits had gone even as high more
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Second Crisis Wave Wipes Out EUR2.5B From Bucharest Bourse
08.22.2011
Romanian bourse have lost EUR2.5 billion since the onset of the second wave of the crisis, generated by the sovereign debt problems. The Bucharest stock market closed Friday down 2%, after a 3.5% loss more